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08 Oct | Tuesday
IFSB, INCEIF join hands for Executive Forum on competitive and resilient Takaful industry

The Islamic Financial Services Board (IFSB) and the International Centre for Education in Islamic Finance (INCEIF), the Global University of Islamic Finance, have joined hands to organise the third executive forum on Islamic Finance series for 2013 to discuss competitiveness and resilience of the Takaful industry.

The two-day forum themed "Building A Competitive and Resilient Islamic Insurance (Takaful) Industry," from Nov 13 will be held at Sasana Kijang here.

"This third edition will address major areas of concern for Islamic Insurance (Takaful) companies in light of the changing global regulatory landscape and contribute to the building of adequate risk management framework and infrastructures for enhancing overall competitiveness of Islamic Insurance (Takaful)," the IFSB said in a statement today.

The forum will also highlight the changing global financial infrastructure impact in risk management practices and how regulators should react to anticipate the changing landscape in the industry, it said.

The IFSB said chief executive officers, senior management of Takaful/Re-Takaful companies, officials leading the Shariah governance and compliance functions, regulators and supervisors of Takaful/Re-Takaful companies, auditors, lawyers, academics and researchers are encouraged to participate in the forum.

The IFSB is an international standard-setting organisation that promotes and enhances the soundness and stability of the Islamic financial services industry while Bank Negara Malaysia's INCEIF develops human capital for the global Islamic finance industry and offers customised executive training programmes.

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